DALLAS, July 19, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2024 financial results. Details are as follows:     When: Thursday, July 25, 2024 at 12:30 PM Eastern Time      Who: Bob Jordan, President and Chief Executive Officer Andrew Watterson, Chief Operating Officer Tammy Romo, Executive Vice President and Chief Financial Officer      Web Address: http://www.southwestairlinesinvestorrelations.com/ To access the live audio webcast a ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Archer's Midnight electric air taxi, part of joint ventures with Stellantis and Southwest. US carrier Southwest Airlines plans to jointly develop a fleet of electric air taxis to serve the California market with transportation startup Archer Aviation, the companies announced Friday. The two companies signed a memorandum of und ...

Southwest Airlines and Archer Aviation are developing electric air taxi operations in California.Southwest plans to use Archer Midnight eVTOL aircraft to cut customer travel time to the airport.Archer is working to obtain FAA certification for the Midnight eVTOL over the next 18 months.  Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

To celebrate the sponsorship launch, Southwest® is hosting the Flex Your Fandom Sweepstakes, offering entrants the chance to be treated like an MVP with an opportunity to win an ultimate getaway experience to the SEC Football Championship1. Later this year, the airline will host additional sweepstakes to award prizes, including packages to the SEC Basketball Championship tournament, and an epic summer getaway. To learn more and to enter, visit southwestsecsweepstakes.com. "Southwest Airlines is proud to be ...

Activist investor Elliott Investment Management on Monday warned of a proxy fight to push for leadership changes at budget carrier Southwest Airlines.In a letter to Southwest’s board, Elliott said while it is open to collaboration, it plans to “move expeditiously to give shareholders a direct say on the necessary leadership changes.”Southwest did not immediately respond to a request for comments.Elliott, known for pushing changes to boost shareholder returns, has called for a reconstitution of Southwest’s b ...

Has Received Overwhelmingly Supportive Feedback about Call for Leadership Change Responds to Company's Adoption of Shareholder-Unfriendly "Poison Pill" Reiterates Measures Necessary to Improve Performance Letter is available at StrongerSouthwest.com WEST PALM BEACH, Fla., July 8, 2024 /PRNewswire/ -- Elliott Investment Management L.P. (and its affiliates, "Elliott"), today sent a letter to the Board of Southwest Airlines Co. (NYSE: LUV) (the "Company" or "Southwest") summarizing the feedback received and ke ...

DALLAS, July 8, 2024 /PRNewswire/ -- The Board of Directors of Southwest Airlines Co. (NYSE: LUV) ("Southwest") (the "Company") has appointed Rakesh Gangwal as a member of the Board, effective July 7.Gangwal has deep and extensive airline industry experience and is the co-founder of India's largest airline by fleet size and passengers carried, InterGlobe Aviation, known as IndiGo. Before co-founding IndiGo in 2006, Gangwal served as Chairman, President, and Chief Executive Officer of Worldspan Technologies, ...

Southwest Airlines Co. (LUV) has provided updated guidance for second-quarter 2024.The company now expects its second-quarter revenue per available seat mile (RASM) to decline in the range of 4%-4.5% year over year, which marks a deterioration from the previous guidance of 1.5% to 3.5% decline. The downside in the RASM expectations was owing to the difficulties faced by LUV in adjusting its revenues to current booking patterns and consumer spending trends. Despite lowered expectations, LUV continues to anti ...

文章核心观点 - 航空公司增加航班和座位,导致西南航空公司的定价能力下降 [1][3][5] - 西南航空公司预计第二季度营业收入将创历史新高,但每可用座位英里收益(RASM)将下降4.0%至4.5% [2] - 西南航空公司在预测需求趋势方面存在困难,无法售出预期的座位数 [4] - 航空公司增加运力导致不得不降低票价,利润受到影响 [5] - 西南航空公司正努力改善财务业绩,并将在下次财报和9月投资者日分享详细计划 [7][8] 根据相关目录分别进行总结 行业概况 - 航空公司增加航班和座位,导致定价能力下降 [1][3][5] - 航空公司增加运力导致不得不降低票价,利润受到影响 [5] - 行业整体预计将迎来另一个创纪录的夏季旅行旺季 [6] 公司情况 - 西南航空公司预计第二季度营业收入将创历史新高,但RASM将下降4.0%至4.5% [2] - 西南航空公司在预测需求趋势方面存在困难,无法售出预期的座位数 [4] - 西南航空公司正努力改善财务业绩,并将在下次财报和9月投资者日分享详细计划 [7][8]

Southwest Airlines, already under pressure from a hedge fund for disappointing financial results, said Wednesday that a key revenue ratio will be weaker than expected because of changes in how consumers book travel.The airline said it still expects second-quarter revenue to hit a record.However, Southwest said, revenue for each seat flown one mile — a closely watched measure of pricing power — will fall by 4% to 4.5% compared with the same quarter last year. In April, the airline said the decline would be 1 ...